Logistics

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Government, Business, Technology, Logistics, Autonomous

Drone Startup Manna Raises Cash for US Expansion

Manna has raised $25 million to expand its drone fleet’s operations, including the addition of delivery services for prescription medical supplies and an initial expansion into the U.S.

Natalia Drozdiak | Bloomberg News
April 30, 2021
Business, Technology, Logistics, Top 100

New Ware2Go Service Helps E-Commerce Merchants With Warehouse Placement

The UPS-founded Ware2Go launched a free application to help e-commerce merchants with strategic fulfillment planning, the company announced April 27.

Connor D. Wolf | Staff Reporter
April 28, 2021
Business, Logistics

Despite Lower Bid, Canadian Pacific Touts Value of KCS Offer

Canadian Pacific Railway Ltd.’s chief executive officer tried to quash speculation that a bidding war is at hand for Kansas City Southern.

Thomas Black | Bloomberg News
April 28, 2021
Business, Logistics, Top 100

Saia Posts Strong Q1 Income, Revenue Gains

Saia Inc. reported large gains in profit and revenue during the first quarter as it overcame weather challenges to take advantage of increasing freight demand.

Jerry Hirsch | Contributing Writer
April 28, 2021
Business, Logistics, Top 50

C.H. Robinson Posts Big Q1 Gains in Profit, Revenue

C.H. Robinson Worldwide posted large gains in profits and revenue during the first quarter, driven by higher pricing and increasing cargo volume across most of its service lines.

Jerry Hirsch | Contributing Writer
April 28, 2021
Business, Logistics

DSV to Buy Agility’s Logistics Unit for $4.1 Billion

DSV Panalpina A/S agreed to buy Agility Public Warehousing Co.’s Global Integrated Logistics business for $4.1 billion, extending its reach in the air and sea transport industry.

Christian Wienberg | Bloomberg News
April 27, 2021
Business, Technology, Logistics, Top 50

Apple’s $430 Billion US Investment Includes XPO-Run Facility

XPO Logistics will operate a $100 million “state-of-the-art” facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.

April 27, 2021
Business, Technology, Logistics, Top 100

Amazon to Pass Walmart in Retail Sales in 2025, Report Says

Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.

Spencer Soper | Bloomberg News
April 27, 2021
Business, Logistics, Top 100

U.S. Xpress Reports Revenue of $450M for Q1

U.S. Xpress Enterprises saw revenue and earnings growth during the first quarter of 2021, the company reported April 22.

Connor D. Wolf | Staff Reporter
April 26, 2021
Government, Business, Logistics

Trudeau Signals Move to End Dockworkers Strike at Montreal Port

Canada is planning legislation to end a general strike at the Port of Montreal that’s bound to worsen congestion at other sites and add to global shipping delays.

Sandrine Rastello | Bloomberg News
April 26, 2021